BTC Possible Breakout in Early July?

2021년 6월 22일

The grey line represents the major fibonacci extension level from the wave 1 (refer to my last post for a better look at that). The green line is a major horizontal support line. I see a potential higher low to be made. The fib extension acting as short term resistance and this horizontal line acting as support. After this, the wedge could break upwards. Furthermore, the bullish divergence showing up in the RSI can't be ignored.

My idea will be invalidated if a new low is made below today's lows.

2021년 6월 22일

노트

The current 3 day candle doesn't close tomorrow but it looks like a good support area. This will be invalidated with a decent close below this area tomorrow night.

2021년 6월 23일

노트

This is my secondary wedge idea that would have us break out even faster. I decided to originally post the most conservative version I found.

2021년 6월 27일

노트

Wedge Update.